Insights

Obligasi Daerah dan Sukuk Daerah:Alternatif Pembiayaan Infrastruktur di Tengah Keterbatasan Fiskal

October 23, 2026 No Comments

Keterbatasan transfer keuangan pusat ke daerah berhadapan dengan kebutuhan infrastruktur daerah yang sangat besar. Penerbitan obligasi daerah dan sukuk daerah menawarkan alternatif pendanaan yang terukur — dengan catatan,

How Indonesia’s Retail Investors Should Navigate the Downgrade Threat

October 19, 2026 No Comments

TDO Capital — Insight | 19 October 2026 In the space of two trading sessions, the Jakarta Composite Index has fallen more than 16 percent — 11.6 percent

Strategic Analysis of the Indonesian Municipal Bond and Regional Financing Landscape

October 16, 2026 No Comments

The implementation of Law No. 1/2022 (UU HKPD) and the impending 2026 fiscal transfer adjustments have fundamentally altered the DNA of Indonesian subnational finance. Regional governments are transitioning from a historical reliance…